Quote Originally Posted by joecoolfreak
I don't hate to admit it. It's a great number to use. Small businesses do in fact employ half of the american work place. Again, I want you to look at the math up earlier in the thread. Taxing the personal tax code at rates higher that 250k will actually increase jobs. I will say it again. IF YOU RAISE THE TAX BRACKET FOR THE HIGHER THAN 250K RANGE, IT WILL CREATE JOBS.

Why? Well it's quite simple. If Joe plumber is grossing 1.1 mil in revenue and has 5 employees. He pays each of them 150k. That means he has at least 750k of deductions and if he pays himself 350k for salary, he will pay higher taxes. But instead, Joe plumber has an ounce of intelligence. He could hire one more person and pay then 100k a year and then his take home is 250, essentially dropping him one tax bracket to where he is currently. See where I am going with this? How has this plan prevented him from hiring new jobs? If anything, it gives incentives not to "hoard" all of the profits from the business and invest it in jobs instead.

So let me get this strait, a business owner is supposed to hire an extra person to take a purposeful PAY CUT to make less money so he won't get taxed more. that is ludicrous, what is the fucking point in him continuing to try and grow his business and make more for himself. We all want to make more money than we make, If you can't do that then there's no point in trying hard in anything. Your idea is screwed up. I don't know any company that will purposely make less money to hire more employees.